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Category: Kalshi

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Prediction Markets Hit Record Highs As Bets Explode On Global Conflict

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Prediction markets are being dominated by automated AI agents and high-frequency trading bots, which extracted around $40 million from market inefficiencies within a single month. Related Reading: Crypto Donations Face Ban As Canada Steps Up Election Security Measures These digital traders look for news of global unrest and respond in milliseconds, often moving the price […]
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NYSE Parent Firm ICE Finalizes $600M Investment In Polymarket — Details

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In the latest development, Intercontinental Exchange (ICE), the parent company of the New York Stock Exchange (NYSE), announced that it has completed a fresh $600 million direct cash investment in Polymarket. This move aligns with the firm’s earlier commitment to invest up to $2 billion in one of the world’s largest prediction market platforms. ICE […]
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Tennessee Regulator Sends Cease-And-Desist Letters To Polymarket, Kalshi, Crypto.com — Details

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Tennessee’s sports betting regulator has ordered Polymarket, Kalshi, and Crypto.com to cease offering sports betting contracts, bringing focus to the regulatory landscape of event contract exchanges. The agency accused the three major prediction market platforms of violating state gambling laws by operating in Tennessee without the required licenses. Polymarket, Others Threatened With Fines For Offering […]
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Polymarket Set For $10 Billion Valuation As US Relaunch Nears – Report

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According to the latest reports, crypto-based prediction platform Polymarket is preparing for a new funding round that could see its valuation rise to $10 billion. This move to raise additional capital comes as the company prepares to relaunch in the United States. On September 3, Polymarket CEO Shayne Coplan revealed on the social media platform […]